07 July 2015

SP 500 and NDX Futures Daily Charts - Have No Fear, Buy the Dip


They came in selling, but someone took the bull by the horns and bought the dip in stocks as they were threatening key support.

Who that might be who can say.

But it might be useful if we could have a peek into the operations of the Exchange Stabilization Fund, aka 'The Plunge Protection Team.'

But one thing we have discovered in the past. Not all dips are created equal.

Have a pleasant evening.